AXA Investment Managers (AXA IM) has appointed Francisco Arcilla, Daniel Leon and Eric Lhomond to senior management positions.
AXA Rosenberg Group, AXA Rosenberg Investment Management and the Barr Rosenberg Research Center have agreed to pay a total of $242m (£150m) to settle SEC charges after concealing a coding error from investors.
US - AXA Rosenberg Group, AXA Rosenberg Investment Management (ARIM) and the Barr Rosenberg Research Center (BRRC) have agreed to pay a total of $242m to settle SEC charges after concealing a coding error from investors.
US - AXA Investment Managers has appointed Jeremy Baskin as chief executive officer of AXA Rosenberg, completing the firm's restructure in the wake of the coding error scandal.
US - Barr Rosenberg, chairman of AXA Rosenberg, and Tom Mead, head of research, both co-founders, have resigned after an investigation into the reporting of a coding error found the two did not follow firm protocol.
US - AXA Rosenberg's cofounders are selling their 25% stake in the firm to its parent company and Barr Rosenberg will step down from the board two months after the company announced a coding error in its investment process.
US - Two pension fund managers have terminated AXA Rosenberg Investment Management as a result of a coding error and at least one consultant is considering preparing a class action lawsuit, Global Pensions has learned.
AXA Rosenberg chairman Barr Rosenberg will take a 30-day leave of absence after company officials failed to disclose a coding error that disrupted the quant manager's investment model.
US - AXA Rosenberg chairman Barr Rosenberg will take a 30-day leave of absence after company officials failed to disclose a coding error that disrupted the quant manager's investment model.
NEW ZEALAND - The New Zealand superannuation fund posted returns of 1.97% for the month of January.